Capital Market

Lagarde Names Carla Grasso for Appointment as DMD, CAO

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Christine Lagarde, managing director (MD) of the International Monetary Fund (IMF) on Tuesday named Carla Grasso for the appointment to the position of deputy managing director (DMD) and Chief Administrative Officer (CAO) of the Fund. According to the IMF, the role of CAO is new […]

Naoyuki Shinohara to Exit IMF Feb’28

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Naoyuki Shinohara, deputy managing director (DMD) at the International Monetary Fund (IMF) said on Wednesday he will leave the Fund February 28, an e-mailed statement from the IMF said. According to the IMF, Shinohara joined the Fund in March 2010, at the height of the […]

$1Trillion Market Cap Target by 2016 Unrealistic-NSE CEO

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) said on Wednesday that its projected $1 trillion market capitalisation target by 2016 is no longer realistic. Oscar Onyema, chief executive officer (CEO) of the NSE said this at its yearly review 2014 market recap and outlook for 2015. According […]